Akzo Nobel Car Refinishes - New client with BTS
10/30/2002 5:15 AM EST
Akzo Nobel Car Refinishes has awarded BTS a training and development
assignment worth up to 2 MSEK. Akzo Nobel Car Refinishes supplies paint
and services for car repair and commercial vehicles. The main product
lines include Sikkens for the high-end segment, Lesonal in the medium
segment, and several leading brands in the commercial vehicles sector.
Sales for 2001 totalled EUR 708 million.
The assignment, to be known as the "Car Refinishes Development Program"
or "CRDP", will include a novel tailored web-based simulation. The CRDP
will be offered to Car Refinishes middle managers over the next four
years. The objective of the program is to offer these professionals a
detailed overview of the value drivers within their business.
Cor de Grauw, General Manager of Akzo Nobel Car Refinishes explains: "In
addition to our face-to-face programs for new recruits and senior
managers, we needed a cost-effective program to raise the knowledge of
our middle managers around the world. A web-based solution was the
obvious answer."
"BTS was awarded this assignment because of the documented results we
have achieved within Web-based simulations for other international
companies", says, Henrik Ekelund, president and CEO of BTS Group.
Akzo Nobel, based in the Netherlands, serves customers throughout the
world with healthcare products, coatings and chemicals. Consolidated
sales for 2001 totalled EUR 14 billion. The Company currently employs
over 67,000 people in 80 countries. Financial results for the third
quarter were
published on October 23, 2002.
BTS is listed on the Stockholm Stock Exchange since 6 June 2001.
For further information please contact:
Henrik Ekelund, President and CEO of BTS Group AB, tel: +1 415 362 95 67
Johan Strömsäter, CEO BTS UK, tel: +44 207 348 18 00
Christian Ankarcrona, Investor Relations, tel: + 46 8 58 70 70 00
Homepage; www.bts.com
BTS Group AB is an international training and consultancy company in the
field of business acumen. BTS uses tailor-made business simulations to
support company managers in implementing change and improving
profitability. BTS train the entire organisation to analyse and to take
decisions centred on the factors that promote growth and profitability.
This generates increased emphasis on profitability and market focus, and
supports day-to-day decision-making, which in turn leads to tangible,
sustainable improvements in profits. BTS customers are often
multinational companies. In 2001, BTS generated a turnover of SEK 197
million and has today 103 employees.